Communicating Marketing’s Value to the Business

The global marketing team of a consumer electronics company, facing major budget cuts, needed to prove its value to the CEO.  With Gartner support, the client was able to not only prove the value of marketing but also receive a 5% increase to the budget.

Mission-critical priority

The CMO needed to justify the ask to maintain the global marketing budget and prove why a 10% budget cut would be detrimental to the business impact.

How Gartner helped

Leveraging 15+ inquiry calls from Gartner experts and Gartner tools, such as CMO Spend Survey, Hierarchy of Marketing Metrics, and Intelligence Reports, the client was able to understand where the team was overspending and underspending in comparison to peers. Using Gartner benchmarks and data points, the CMO was able to showcase her team’s efficiency and create a strategy for next year.

Mission accomplished

With Gartner for Marketers, the client was able to successfully:

  • Solidify the right KPIs to showcase how marketing impacts the growth of the business 
  • Achieve approval and buy-in from the CEO
  • Receive a budget increase of 5%

Industry:
Consumer electronics

Revenue:
$3.8 billion

Employees:
8,000+

Contact:
CMO, Global Marketing Team

Achieve your mission-critical priorities with Gartner for Marketing Leaders

Gartner research is very helpful, it either validates what I’m thinking or sparks a question I wasn’t aware of.

CMO, Global Marketing Team

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